What Energous Investors Need to Know

Shares of Technology sector company Energous moved 3.1% today, and are now trading at a price of $1.99. The small-cap stock's daily volume was 22,685 compared to its average volume of 61,276. The S&P 500 index returned a -0.0% performance.

Energous Corporation develops wireless charging applications. The company is based in San Jose and has 43 full time employees. Its market capitalization is $10,043,510.

2 analysts are following Energous and have set target prices ranging from $3.5 to $20.0 per share. On average, they have given the company a rating of buy. At today's prices, WATT is trading -83.06% away from its average analyst target price of $11.75 per share.

Over the last year, WATT's share price has increased by 95.0%, which represents a difference of 80.0% when compared to the S&P 500. The stock's 52 week high is $21.2 per share whereas its 52 week low is $1.51. Energous has averaged free cash flows of $-26677051.8 over the last 6 years, but they have been increasing at a rate of 6.7%. Nonetheless, more cautious investors will probably avoid this stock until the business becomes firmly cash positive.

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cash Flow ($ k)
2023 -21,878 171 -22,049
2022 -23,637 165 -23,802
2021 -28,720 366 -29,086
2020 -24,792 129 -24,921
2019 -26,621 196 -26,817
2018 -32,527 860 -33,387
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.